July 12, 2021 1 min read
Hunter Valley Zoo has new part owners after a wealth management firm that works between China and Australia took a joint stake in the Nulkaba attraction.
Atlas Advisors Australia on Monday announced it was the sole co-investor in Elanor Wildlife Park Fund's purchase of the zoo.
The advisory firm is also a joint shareholder in western Sydney's Featherdale Wildlife Park and Mogo Zoo near Batemans Bay.
Executive chairman Guy Hedley said Hunter Valley Zoo was a prime tourism and real estate asset.
"Wildlife parks and zoos have remained resilient and profitable despite COVID-19 posing the greatest challenges the Australian tourism sector has ever faced," Mr Hedley said in a statement.
"Individuals and families are keen for outdoor adventures that connect them with nature and our unique environment while also providing life-long educational experiences."
The company said it was also looking for more investments in the "thriving tourism subsector".
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